Large commodity investment firms, called managed money, boosted their collective net long live cattle futures position during the week ended last Tuesday, June 15. At the same time, hedgers increased their collective net short position. The data came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Monday.  The report was delayed from … Read More

Canada’s cattle-on-feed numbers on June 1 were following the seasonal trend but at a higher level like they did last year, according to data from CanFax that was compiled by the Livestock Marketing Information Center in Denver. CanFax, a private market advisory firm, collects data from member feedlots in Alberta and Saskatchewan and releases the … Read More

The Illinois Farm Policy News this week pulled together some news stories that said China’s hog futures had fallen amid increased slaughter rates as the country recovers from its African Swine Fever outbreak. “Financial Times writers Hudson Lockett and Thomas Hale reported this week that, ‘Hog futures in China have fallen to record lows as … Read More

It is unlikely the current cattle market volatility will dissipate any time soon, said Colorado State University Agricultural Economist Stephen Koontz, in a Livestock Marketing Information Center letter to Extension agents called In The Cattle Markets. Fed cattle, feeder cattle and calf prices have displayed substantial volatility since April, Koontz said, and there is much … Read More

US hay stocks on May 1 were down 11.8% from a year earlier with some key states showing significant declines, especially states west of the Mississippi River. Only four states west of the Mississippi showed an increase in hay stocks, while 11 states east of the river showed declines, according to data from the USDA’s … Read More

Following a record-breaking March performance, US beef and pork exports continued to build momentum in April, according to data released by USDA and compiled by the US Meat Export Federation. “Looking back at April 2020, it was a difficult month for red meat exports as we began to see COVID-related supply chain interruptions and foodservice … Read More

Large commodity investment funds, known as managed money, increased their collective net long live cattle position during the week ended Tuesday as hedgers increased their net short positions. The information came from the Commodity Futures Trading Commission’s weekly Commitments of Traders report Friday.  In both cases, the moves reversed the previous week’s declines in collective … Read More